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    1944 Palmerston Pl

    Los Angeles, CA 90027
    • $1,999,999
    • STATUS: Active
    • ON SITE: 8 days
    • ID#: 20-662074
    UPDATED: 68 min ago
    $1,999,999
    • 6
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,289
      SQFT
    • $466
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    School District:

    Description

    1031 Exchange offered at this historic 4-plex north of Franklin, east of Laughlin Park in Los Feliz. One unit is a 2B|2b, 1,900 sq.ft. vacant residence with 20 ft. vaulted ceilings, den with French doors leading to the private nation, skylights, hardwood floors, and views. The second unit is on the second floor with two bedrooms and one bathroom with westward views. The third and fourth units are two-bedroom, one-bathroom units with 1940s details. All units have garages, in-unit laundry, views, patios, porches, character details. Currently, the 1,900-square-foot residence is vacant with the possibility of one one-bedroom and one two-bedroom unit being vacant as well. Excellent value-add, amazing upside potential. Great for owner-occupant or discerning investor. Los Feliz living at its finest.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-29T22:42:29.323. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/112081188
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    1944 Palmerston Pl Los Angeles, CA 90027

    • Price: $1,999,999
    • Status: Active
    • Updated: 68 min ago
    • ID#: 20-662074
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,289
    SQFT
    $466
    $/SQFT
    1940
    Built
    Neighborhood:
    Los Feliz
    County:
    Los Angeles
    Area:
    Los Feliz
    School District:
    Los Angeles Unified
    Property Description
    1031 Exchange offered at this historic 4-plex north of Franklin, east of Laughlin Park in Los Feliz. One unit is a 2B|2b, 1,900 sq.ft. vacant residence with 20 ft. vaulted ceilings, den with French doors leading to the private nation, skylights, hardwood floors, and views. The second unit is on the second floor with two bedrooms and one bathroom with westward views. The third and fourth units are two-bedroom, one-bathroom units with 1940s details. All units have garages, in-unit laundry, views, patios, porches, character details. Currently, the 1,900-square-foot residence is vacant with the possibility of one one-bedroom and one two-bedroom unit being vacant as well. Excellent value-add, amazing upside potential. Great for owner-occupant or discerning investor. Los Feliz living at its finest.
    Exterior Features

    Covered Parking 5 Direction Faces West Entry Location Ground Level W/Steps Exterior Construction Stucco Garage Structures Total 4 Levels Multi/Split Lot Description GuttersExterior Security LightsFencedGated CommunityBack YardLandscapedSidewalksWalk Street Lot Location City Lot Size Area 6052 Other Structures None Parking Garage Garage - 4+ CarDetached Patio Features Deck(S)Patio Open Paved YN Yes Pool Description None Pool YN No Roof Composition Spa None Spa YN No Style Traditional Tennis Court None Tennis YN No Total Parking 5 View Description City LightsTree TopPeek-A-BooOtherCourtyard View YN Yes Water Frontage None

    Interior Features

    Bathroom Features TileShower And TubDouble Vanity(S) Baths Total 5.00 Bedroom Features Master SuiteWalkincloset Common Walls Detached/No Common Walls Cooking Appliances OvenCooktop - Gas Cooling CentralWall Unit(S) Den Yes Dining Room No Equipment Ceiling FanDishwasherBuilt-InsGarbage DisposalGas Dryer HookupHood FanDryerRange/OvenStackable W/D HookupWasher Family Room No Fireplace Rooms DiningLiving Room Flooring HardwoodWood Under CarpetTileStone Tile Heating Central Interior Features Dry BarCathedral-Vaulted CeilingsBuilt-InsBlock WallsBeamed Ceiling(S)Laundry - Closet StackedTrey Ceiling(S)Two Story CeilingsStorage Space Kitchen Features Skylight(S)Ceramic Counters Laundry In UnitLaundry Closet Stacked Laundry Equipment Own Rooms DenWalk-In ClosetMaster BedroomOther Water Heater Features Water Heater UnitMulti-Tank Windows Plantation ShuttersSkylightsScreensBay WindowDouble Pane Windows

    Property Features

    Alley YN No Amenities Controlled AccessGated CommunitySun Deck Assessed Total Value 1398067 Complex Name Place Mathilde Gardener Expense 2000.00 Gross Income 119645 Gross Operating Income 119645 Insurance Expense 3569.00 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Maintenance Expense 2000.00 Net Operating Income 83645.00 Number Of Buildings 2 Number Of Units 4 Owner Pays GardenerWaterElectricity Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S)Card/Code AccessGatedSmoke DetectorExterior Security Lights Sewer In Street Source Living Area Taped Source Lot Size Area Assessor Tenant Pays Gas Total Annual Expense 25569 Trash Expense 300.00 Type Of Units Apartments Water District Water Expense 400.00 Water Heaters YN Yes Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Carlos Castillo DRE#01254307 of The Agency.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-29T22:42:29.323. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Beverly Hills CA, 90211